Russian Federation agrees to restructure Ukraine’s debt – Putin
Russia has proposed to Ukraine to pay in installments in 2016-2018 years, $1 bln per year, the Russian President Vladimir Putin said Monday.
“We consider it unacceptable for us to talk about a restructuring that’s similar to commercial lenders, which is why we made our own suggestion”, Siluanov said.
In December 2013, the presidents of Russian Federation and Ukraine, Vladimir Putin and Viktor Yanukovych agreed that Moscow would grant Kyiv a credit worth $ 15 billion through the placement of Ukrainian securities.
Ukraine’sFinance Ministry said it had “not received any direct information and has no comment at this time”.
Russian Finance Minister Anton Siluanov said today Moscow hoped to reach a compromise with Ukraine over Kyiv’s debt and that Russia had made an offer which it sees as a basis for settling the issue.
“The fight against terrorism, the fight against IS were discussed in detail and the need for cooperation in this field was noted, understanding of the necessity of multilateral cooperation in the fight against terrorism”, Peskov told reporters.
Russia’s proposal was welcomed by the International Monetary Fund, which is supporting Ukraine with a $17.5 billion lending program.